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1 day ago · Benchmark U.S. crude oil for August delivery fell 20 cents to $81.54 per barrel Friday. Brent crude for August delivery rose 2 cents to $86.41 per barrel. Wholesale gasoline for July delivery fell ...
1 day ago · Yongchang Chin. Fri, Jun 28, 2024, 2:45 AM 2 min read. (Bloomberg) -- Oil held in the narrowest trading range since 2021, ahead of US economic data that may help set the tone for broader markets ...
2 hours ago · Crude oil processors, coal miners and steelmakers were among the few businesses to show falling profitability or outright losses in the first five months of 2024. By Bloomberg News 29 Jun 2024 04:00
1 day ago · Energy stocks are among the best performing S&P 500 sectors Friday even as Brent crude and West Texas Intermediate prices edged lower. Shares of Baker Hughes Co. led the sector higher, while Valero Energy Corp., Phillips 66, Targa Resources Corp. and Occidental Petroleum Corp. all gained.
2 hours ago · US West Texas Intermediate (WTI) crude futures settled 20 cents lower, or 0.24%, to US$81.54. NEW YORK: Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve will start to cut interest rates this year.
5 hours ago · For the session, August-dated West Intermediate (WTI) crude gained 61 cents, or 0.8%, to settle at $82.35 per barrel for the day, 0.9% higher for the week, up 7% for June, and down 1.8% for the ...
1 day ago · The latest reading from a closely watched inflation gauge Friday fanned hopes that cooling price pressures will lead the Fed to cut rates as early as September. The S&P 500 ( ^GSPC) shed roughly 0.4% at the closing bell but has logged a near-15% climb for the first half of 2024.
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